Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. As of April 21, 2022, it operated a fleet of 66 double-hull vessels, comprising of 60 conventional tankers, three LNG carriers, and three suezmax DP2 shuttle tankers. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was incorporated in 1993 and is based in Athens, Greece.
Revenue of Tsakos Energy Navigation Limited (TNP)
Revenue in 2023 (TTM): $889.57 M
According to Tsakos Energy Navigation Limited's latest financial reports the company's current revenue (TTM) is $889.57 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Tsakos Energy Navigation Limited
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $889.57 M | $370.61 M | $555.78 M | $305.08 M | $300.18 M |
| 2022 | $860.4 M | $286.65 M | $409.2 M | $208.47 M | $204.23 M |
| 2021 | $546.12 M | $1.46 M | $34.5 M | $-150,581,000 | $-189,796,000 |
| 2020 | $644.14 M | $160.96 M | $218 M | $27.22 M | $-25,649,000 |
| 2019 | $597.45 M | $141.17 M | $240.07 M | $14.01 M | $-53,011,000 |
| 2018 | $529.88 M | $65.22 M | $122.09 M | $-101,042,000 | $-99,203,000 |
| 2017 | $529.18 M | $102.58 M | $206.36 M | $9.19 M | $7.61 M |
| 2016 | $481.79 M | $115.42 M | $197.57 M | $56.5 M | $55.78 M |
| 2015 | $587.72 M | $207.79 M | $283.27 M | $158.42 M | $158.22 M |
| 2014 | $501.01 M | $120.41 M | $167.1 M | $33.72 M | $33.53 M |
| 2013 | $418.38 M | $75.29 M | $96.84 M | $-38,570,000 | $-37,462,000 |
| 2012 | $393.99 M | $54.6 M | $76.64 M | $-49,056,000 | $-49,263,000 |
| 2011 | $395.16 M | $138.12 M | $40.25 M | $-77,986,000 | $-89,496,000 |
| 2010 | $408.01 M | $194.27 M | $184.29 M | $77.62 M | $19.77 M |
| 2009 | $444.93 M | $223.12 M | $191.79 M | $53.41 M | $28.69 M |
| 2008 | $623.04 M | $396.22 M | $369.3 M | $278.49 M | $202.93 M |
| 2007 | $500.62 M | $304.86 M | $349.9 M | $173.24 M | $183.17 M |
| 2006 | $427.65 M | $258.03 M | $302.81 M | $189.24 M | $196.4 M |
| 2005 | $295.62 M | $182.39 M | $215.28 M | $199.7 M | $161.76 M |
| 2004 | $318.28 M | $197.93 M | $197.56 M | $163.89 M | $143.29 M |
| 2003 | $230.07 M | $180.12 M | $123.78 M | $58.67 M | $59.05 M |
| 2002 | $123.64 M | $91.29 M | $76.01 M | $-7,623,000 | $3.89 M |
| 2001 | $125.03 M | $89.29 M | $59.19 M | $ | $24.62 M |
| 2000 | $111.28 M | $77.7 M | $51.5 M | $ | $14.05 M |
| 1999 | $85.64 M | $61.67 M | $38.49 M | $ | $-2,461,000 |